---
title: "The 'Retracement Curse' of Adjustment Waves - The Mysterious Power of Fibonacci"
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/24534171.md"
description: "Have you noticed the pullback curse? Whenever the market fluctuates, there's always some 'pullback curse' at play. That's right, a corrective wave always retraces a certain Fibonacci percentage of the previous wave—just like retreating to base to replenish supplies after a tough battle. Most of the time, steep corrective waves retrace 61.8% or 50% of the previous wave, as if the market is whispering to itself, 'Take half a break, or just a little more!' Especially when these corrections appear in Wave 2 of an impulse wave or Wave B of a larger-degree zigzag correction..."
datetime: "2024-10-17T15:34:05.000Z"
locales:
  - [en](https://longbridge.com/en/topics/24534171.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/24534171.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/24534171.md)
author: "[BTCFREE](https://longbridge.com/en/profiles/11280193.md)"
---

# The 'Retracement Curse' of Adjustment Waves - The Mysterious Power of Fibonacci

#### Retracement Curse

Have you noticed that whenever the market fluctuates, there's always some "retracement curse" at play? That's right, a corrective wave always retraces a certain Fibonacci percentage of the previous wave—just like retreating to base to replenish supplies after a tough battle.

Most of the time, steep corrective waves retrace 61.8% or 50% of the previous wave, as if the market is whispering to itself, "Take half a break, or maybe a little more!" Especially when these corrections appear in Wave 2 of an impulse wave, Wave B of a larger zigzag correction, or Wave X of a multiple zigzag correction, their retracement behavior makes it seem like the market is following a script!

#### The "Deep Retracement" of Leading Diagonal Waves

What’s most fascinating is the leading diagonal in Wave 1, often followed by a "deep retracement" of 78.6%. It’s as if the market is exhausted and has to "take three steps back" for a thorough adjustment before moving forward again.

#### But Don’t Be Fooled by the "Numbers"!

Of course, Fibonacci ratios are just a market tendency—like people’s habit of drinking tea after lunch—not every retracement will be perfect. Unfortunately, many analysts are too fixated on these numbers, believing the simpler the retracement measurement, the better. The result? We often see them obsessing over Fibonacci’s golden numbers as if they hold the entire "truth" of the market, while missing many opportunities.

$Strategy(MSTR.US) $Tesla(TSLA.US)

### Related Stocks

- [MSTR.US](https://longbridge.com/en/quote/MSTR.US.md)
- [TSLA.US](https://longbridge.com/en/quote/TSLA.US.md)

## Comments (11)

- **不要频繁浇花 · 2024-10-18T02:25:01.000Z**: 有点噎 我先缓缓 再细看👀感谢大佬的分享🫡
- **葱花鸡蛋er · 2024-10-17T16:52:42.000Z · 👍 1**: 第三的话非常的对，历史其实只是一个参考，并不能作为任何一个节点向后判断的依据。
- **元首的交易员しき · 2024-10-17T16:02:31.000Z**: 关注了
- **狩人Mashiro · 2024-10-17T15:51:32.000Z**: 给大佬刷🚀🚀
- **BTCFREE · 2024-10-17T15:48:10.000Z · 👍 1**: Please like, share and subscribe～ LOL
- **leo_x · 2024-10-17T15:47:24.000Z**: 太干了，得喝点水，哈哈
- **好孩子 · 2024-10-17T15:45:25.000Z**: 拼命学习📖  感谢大佬～
- **你还年轻，三千万不够 · 2024-10-17T15:43:30.000Z**: 太干了，有门槛。感谢大哥
- **BTCFREE · 2024-10-17T15:38:07.000Z · 👍 1**: This is serious work, posted irregularly~
  - **元首的交易员しき** (2024-10-17T16:02:22.000Z): 估计是等财报吧，我看空
  - **暖阳苍松绿** (2024-10-18T01:01:56.000Z): 执着于所谓的数字和 K 线，其实是漠视对票的价值的长期判断。对于好票，每一次大的回撤都是一次加仓的好时机
